J.M. Forbes & Co. Llp
- Regulatory AUM
- $1.7B
- Discretionary
- $1.7B
- Clients
- 1,076
- Avg AUM / client
- $1.6M
- Accounts
- 1,076
- Employees
- 21
AUM over time
Annual snapshots from Form ADV filings · as of Mar 12, 2026
Investments (13F portfolio — 159 positions, $1,272,118,857)
13F period Jun 30, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Nvidia Corp | COM | $82,499,308 | 412,311 | 6.49% | 4.93% |
| 2 | Alphabet Inc Cl A | COM | $73,229,401 | 204,912 | 5.76% | 4.37% |
| 3 | Apple Inc | COM | $71,894,964 | 248,462 | 5.65% | 4.29% |
| 4 | Ishares Gold Trust | COM | $68,840,353 | 911,672 | 5.41% | 4.11% |
| 5 | Microsoft Corp | COM | $58,135,913 | 155,852 | 4.57% | 3.47% |
| 6 | Amazon.Com Inc | COM | $45,372,309 | 190,368 | 3.57% | 2.71% |
| 7 | Broadcom Inc | COM | $44,638,340 | 118,169 | 3.51% | 2.67% |
| 8 | Ss Energy Select Sector | COM | $40,676,790 | 765,897 | 3.2% | 2.43% |
| 9 | Ste St Tech Select Sector Spdr Etf | COM | $33,336,809 | 174,978 | 2.62% | 1.99% |
| 10 | Jp Morgan Chase & Co | COM | $32,667,534 | 99,800 | 2.57% | 1.95% |
| 11 | Johnson & Johnson | COM | $29,847,570 | 117,524 | 2.35% | 1.78% |
| 12 | Bank Of America Corp | COM | $26,458,606 | 464,349 | 2.08% | 1.58% |
| 13 | Visa Inc Cl A | COM | $22,984,628 | 66,993 | 1.81% | 1.37% |
| 14 | Merck & Co Inc | COM | $21,997,401 | 171,186 | 1.73% | 1.31% |
| 15 | Vanguard Dividend Apprec Etf | COM | $21,284,206 | 89,951 | 1.67% | 1.27% |
| 16 | Walmart Inc | COM | $21,056,053 | 185,909 | 1.66% | 1.26% |
| 17 | Coca Cola Co | COM | $20,308,235 | 249,886 | 1.6% | 1.21% |
| 18 | Linde Plc | COM | $20,165,489 | 38,859 | 1.59% | 1.2% |
| 19 | Nextera Energy Inc | COM | $19,207,323 | 218,837 | 1.51% | 1.15% |
| 20 | Tjx Cos Inc | COM | $18,924,319 | 124,913 | 1.49% | 1.13% |
| 21 | Procter & Gamble Co | COM | $17,597,680 | 120,006 | 1.38% | 1.05% |
| 22 | Eaton Corp Plc | COM | $17,192,664 | 40,347 | 1.35% | 1.03% |
| 23 | Ishares Core S&P Mid Cap Etf | COM | $16,760,784 | 217,362 | 1.32% | 1.0% |
| 24 | Arista Networks Inc | COM | $15,813,620 | 93,087 | 1.24% | 0.94% |
| 25 | Ste St Industrial Slct Sctr Spdr Etf | COM | $15,210,532 | 82,117 | 1.2% | 0.91% |
Top 25 of 159 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 685 | $184M | 11.0% |
| High net worth individuals | 356 | $1.3B | 78.4% |
| Pension and profit sharing plans | 4 | $10.1M | 0.6% |
| Charitable organizations | 21 | $114M | 6.83% |
| Corporations and other businesses | 10 | $52.8M | 3.15% |
People (9)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Paul Elias | Partner | Oct 2005 (21y) | 10% – 25% | |
| Kendrigan, Paul, Martin | Chief Compliance Officer | Jun 2007 (19y) | Less than 5% | |
| Jeffrey Lee Bernier | Partner / Chief Operating Officer | Jan 2015 (12y) | 25% – 50% | |
| Elizabeth Simonds Colt | Partner | Jan 2020 (7y) | 25% – 50% | |
| Bracken Hendricks | Partner | Apr 2022 (4y) | 25% – 50% | |
| Thomas Joseph Brosnan | Registered representative | CFA | Jun 2004 (22y) | |
| David Carr Warner | Registered representative | Mar 2005 (21y) | ||
| Malcolm Lincoln Davidson | Registered representative | Mar 2005 (21y) | ||
| Benjamin Stephen Waddicor | Registered representative | Oct 2016 (10y) |
Undisclosed: 0% – 15% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/12/2026 | 969 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Other services
Custody
Reported custodians
- SEI Private Trust $1.7B (100% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 12, 2026.
View current Form ADV (SEC/IAPD) ↗